eBook Show Me How High-Low Method for a Service Company Continental Railroad decided to use the high-low method and operating data from the past six months to estimate the fixed and variable components of transportation costs. The activity base used by Continental Railroad is a measure of railroad operating activity, termed "gross-ton miles," which the miles moved. the total number of tons multiplied by January February March April May June Transportation Costs $1,299,800 1,449,200 1,024,200 1,389,400 1,165,300. 1,494,000 384,000 429,000 278,000 416,000 334,000 452,000 Determine the variable cost per gross-ton mile and the total fixed cost. Variable cost (Round to two decimal places.) Total fixed cost Gross-Ton Miles IT per gross-ton mile
eBook Show Me How High-Low Method for a Service Company Continental Railroad decided to use the high-low method and operating data from the past six months to estimate the fixed and variable components of transportation costs. The activity base used by Continental Railroad is a measure of railroad operating activity, termed "gross-ton miles," which the miles moved. the total number of tons multiplied by January February March April May June Transportation Costs $1,299,800 1,449,200 1,024,200 1,389,400 1,165,300. 1,494,000 384,000 429,000 278,000 416,000 334,000 452,000 Determine the variable cost per gross-ton mile and the total fixed cost. Variable cost (Round to two decimal places.) Total fixed cost Gross-Ton Miles IT per gross-ton mile
Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter6: Cost-volume-profit Analysis
Section: Chapter Questions
Problem 8E
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![eBook
Show Me How
January
February
March
April
May
June
High-Low Method for a Service Company
Continental Railroad decided to use the high-low method and operating data from the past six months to estimate the fixed and variable components of transportation
costs. The activity base used by Continental Railroad is a measure of railroad operating activity, termed "gross-ton miles," which is the total number of tons multiplied by
the miles moved.
Transportation Costs
384,000
429,000
278,000
416,000
334,000
452,000
Determine the variable cost per gross-ton mile and the total fixed cost.
Variable cost (Round to two decimal places.)
Total fixed cost
$1,299,800
1,449,200
1,024,200
1,389,400
1,165,300
1,494,000
Gross-Ton Miles
Check My Work 2 more Check My Work uses remaining.
All work saved.
LA
$
凸
per gross-ton mile
Previous
Upa
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Transcribed Image Text:eBook
Show Me How
January
February
March
April
May
June
High-Low Method for a Service Company
Continental Railroad decided to use the high-low method and operating data from the past six months to estimate the fixed and variable components of transportation
costs. The activity base used by Continental Railroad is a measure of railroad operating activity, termed "gross-ton miles," which is the total number of tons multiplied by
the miles moved.
Transportation Costs
384,000
429,000
278,000
416,000
334,000
452,000
Determine the variable cost per gross-ton mile and the total fixed cost.
Variable cost (Round to two decimal places.)
Total fixed cost
$1,299,800
1,449,200
1,024,200
1,389,400
1,165,300
1,494,000
Gross-Ton Miles
Check My Work 2 more Check My Work uses remaining.
All work saved.
LA
$
凸
per gross-ton mile
Previous
Upa
Next >
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